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Signs You're Ready to Buy Your First Home Inland Empire

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Real Estate Agent with Realty Master & Associates CAL BRE# 01331167

 

Signs You're Ready to Buy Your First Home Inland Empire! 

 

It’s time! You’ve saved up a chunk of cash, started reading the For Sale listings, and you’re ready to make the commitment. Yes, it’s time to buy your first home. Or is it? Here are some ways to be sure you’re ready to take the plunge: 

You have scrimped and saved. Maybe it wasn’t that painful — or maybe it was. Either way, you made a choice to put aside a large chunk of change to use for a down payment. The discipline it took to build this savings indicates you’re getting in the right mindset to commit to a large purchase, and that hopefully you can keep putting aside money to pay for other costs down the line, such as home repairs and upgrades. 

You have applied for pre-approval. This is where I come in. When you get pre-approved, you find out your homebuying budget, so you know where you can start shopping for your new home. A pre-approval letter from me also shows buyers and real estate agents that you’re serious about making a purchase — and qualified to follow through. I can review your finances with you at no charge and provide you with a pre-approval letter quickly so you can get on to homeshopping.

You have done some homework. Of course a qualified, experienced real estate agent is going to be able to advise and guide you toward finding the home that’s just right for you, but you can do some preliminary footwork so you can get started right away. Browse home listings in the area where you want to live. Check out the amenities in the neighborhood: Is it important to be near a certain school? The freeway? Do you care about walkability? Is the grocery store convenient? Knowing price ranges and having a list of the characteristics of a house and neighborhood that are critical to your satisfaction will help your agent help you, better and faster.

 

You’re ready to commit. No matter what shape the market’s in in your area, you should take the plunge into buying your first home with the intent of staying at least five to seven years, or even longer. It will take time to make the house your home; if you’re putting funds into it to make it just what you want, you’ll need to commit to staying a number of years to make the investment worthwhile, and to be sure you’re getting a good return when it really is time to move on. 

You can stay flexible. When buying your first home, this may be one of the most important principles to commit to. It will most likely take longer too close on your home than you expected or hoped. You may need to compromise on your time frame, your price range, the features of the home, even the area where you buy. Just know that when you finally find the right home for you and your family, it was worth all the waiting, the changed expectations, and the paperwork to own your own place. 

When you’re ready to start the search for your new home, please contact Luis Carrillo Realtor With Keller Williams Realty @951-223-5847 to get a preapproval and review your financial situation. I look forward to working with you!

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